Across the country, the excess and specialty insurance business is at a historic turning point. Will we repeat the catastrophic...
Terrorism News
It is a rare occurrence today, but not so long ago tying down the safety valve was viewed as an...
The Risk & Insurance Management Society Inc. has informed legislators reconciling a pair of bills that it supports the Senate-backed...
Bermuda-based XL Capital Ltd. will add $200 million to its reserves for Sept. 11 terrorism losses and will record an...
Bermuda-based reinsurer PartnerRe Ltd.has affirmed its loss estimate of $400 million from the destruction of the World Trade Center on...
The world’s oldest underwriter, Lloyd’s of London, announced its intention to unveil final details of a plan to modernize the...
French reinsurer Scor has no plans to pump up its existing reserves to pay for World Trade Center or U.S....
New York Insurance Superintendent Gregory V. Serio’s decision to allow insurers to build “catastrophe loads” into their workers’ compensation reserves...
A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) of the insurance operating subsidiaries of the Alea...
Munich Re, the world’s largest reinsurer, announced several measures to strengthen its reserves in order to anticipate possible additional claims...